Home Market Realty

Home Market Realty

Home Market Realty

The Cost of Renting vs. Buying a Home 1

Nov 16, 2018

Buying

Historically, the choice between renting or buying a home has been a tough decision.Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious.Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!